Zürcher Nachrichten - EU proposes action on Israel trade and ministers over Gaza

EUR -
AED 4.292015
AFN 73.614204
ALL 95.349144
AMD 434.477644
ANG 2.09145
AOA 1072.668337
ARS 1628.102336
AUD 1.638138
AWG 2.104731
AZN 1.987608
BAM 1.956417
BBD 2.353652
BDT 143.385214
BGN 1.94915
BHD 0.441494
BIF 3464.553462
BMD 1.168483
BND 1.492571
BOB 8.075581
BRL 5.878176
BSD 1.168573
BTN 109.887121
BWP 15.794981
BYN 3.29964
BYR 22902.275838
BZD 2.350351
CAD 1.60136
CDF 2702.702572
CHF 0.918073
CLF 0.026572
CLP 1045.79242
CNY 7.976656
CNH 7.986561
COP 4167.36121
CRC 532.070056
CUC 1.168483
CUP 30.964812
CVE 110.480686
CZK 24.366342
DJF 207.662266
DKK 7.47292
DOP 69.712108
DZD 155.010378
EGP 61.51479
ERN 17.527252
ETB 182.988915
FJD 2.591576
FKP 0.865299
GBP 0.867453
GEL 3.137409
GGP 0.865299
GHS 12.958476
GIP 0.865299
GMD 85.881986
GNF 10253.442414
GTQ 8.933817
GYD 244.509194
HKD 9.152439
HNL 31.105664
HRK 7.532396
HTG 153.088274
HUF 366.845767
IDR 20257.997765
ILS 3.489565
IMP 0.865299
INR 110.005181
IQD 1530.713334
IRR 1540119.625667
ISK 143.770338
JEP 0.865299
JMD 184.478172
JOD 0.828485
JPY 186.532002
KES 151.096639
KGS 102.143335
KHR 4685.618377
KMF 493.100323
KPW 1051.576714
KRW 1731.633598
KWD 0.359612
KYD 0.973907
KZT 542.883512
LAK 25624.842509
LBP 104637.693932
LKR 370.626871
LRD 215.322281
LSL 19.455608
LTL 3.450228
LVL 0.706804
LYD 7.419252
MAD 10.819864
MDL 20.275393
MGA 4843.364179
MKD 61.657583
MMK 2453.536033
MNT 4182.115599
MOP 9.428213
MRU 46.750855
MUR 54.626638
MVR 18.064369
MWK 2029.655735
MXN 20.362462
MYR 4.631287
MZN 74.665256
NAD 19.455622
NGN 1579.918263
NIO 42.895223
NOK 10.918079
NPR 175.818441
NZD 1.994274
OMR 0.449527
PAB 1.168573
PEN 4.049916
PGK 4.980953
PHP 71.036818
PKR 325.773764
PLN 4.243161
PYG 7399.333252
QAR 4.259708
RON 5.090966
RSD 117.418559
RUB 88.697145
RWF 1707.154337
SAR 4.382694
SBD 9.404636
SCR 16.577241
SDG 701.676726
SEK 10.821261
SGD 1.493309
SHP 0.872391
SLE 28.735601
SLL 24502.509458
SOS 667.790131
SRD 43.700116
STD 24185.248486
STN 24.766007
SVC 10.225224
SYP 129.272178
SZL 19.455172
THB 37.951868
TJS 10.984911
TMT 4.095535
TND 3.368157
TOP 2.813428
TRY 52.54281
TTD 7.922532
TWD 36.87719
TZS 3038.057213
UAH 51.335688
UGX 4347.370868
USD 1.168483
UYU 46.214573
UZS 14080.225335
VES 564.066374
VND 30762.66408
VUV 137.918996
WST 3.184584
XAF 656.16391
XAG 0.015491
XAU 0.000249
XCD 3.157885
XCG 2.106173
XDR 0.813967
XOF 653.182102
XPF 119.331742
YER 278.82935
ZAR 19.443624
ZMK 10517.753954
ZMW 21.881994
ZWL 376.251198
  • CMSC

    0.0800

    22.91

    +0.35%

  • RBGPF

    -4.0600

    64.94

    -6.25%

  • RELX

    -0.1400

    36.13

    -0.39%

  • BTI

    1.1100

    57.28

    +1.94%

  • NGG

    1.3600

    86.96

    +1.56%

  • RIO

    -1.4300

    98.85

    -1.45%

  • GSK

    -0.0700

    55.63

    -0.13%

  • AZN

    -2.5100

    192.3

    -1.31%

  • BCE

    0.3700

    24.1

    +1.54%

  • CMSD

    0.1000

    23.23

    +0.43%

  • BCC

    1.5800

    83.82

    +1.88%

  • JRI

    -0.1200

    12.88

    -0.93%

  • RYCEF

    0.4400

    15.54

    +2.83%

  • VOD

    0.3100

    15.62

    +1.98%

  • BP

    -0.0200

    46.35

    -0.04%

EU proposes action on Israel trade and ministers over Gaza
EU proposes action on Israel trade and ministers over Gaza / Photo: Jack GUEZ - AFP

EU proposes action on Israel trade and ministers over Gaza

The European Union on Wednesday proposed curbing trade ties with Israel and sanctioning ministers in its strongest action yet over the war in Gaza, though reluctance from key member states risks blocking adoption.

Text size:

The bloc's executive, however, said it would take immediate action by freezing some 20 million euros ($23.7 million) in support for Israel.

Pressure has mounted on the 27-nation bloc to act against Israel over its devastating near two-year offensive in Gaza.

"The horrific events taking place in Gaza on a daily basis must stop," EU chief Ursula von der Leyen said.

"There needs to be an immediate ceasefire, unrestrained access for all humanitarian aid, and the release of all hostages held by Hamas."

Under its new proposals, Brussels is pressing to suspend the parts of a cooperation deal that allow for reduced tariffs on goods coming from Israel.

Officials said the measure would hit more than a third of Israel's exports to the EU, worth around six billion euros -- including agricultural produce such as dates and nuts.

The commission also called for asset freezes and visa bans on far-right Israeli government ministers Itamar Ben Gvir and Bezalel Smotrich over their "extremist" rhetoric.

Those measures -- initially floated by von der Leyen in a speech last week -- represent the firmest attempt by the EU chief to pressure Israel.

"Today marks a critical turning point in holding Israel accountable," said Irish foreign minister Simon Harris.

But opposition from Germany and Italy means the bloc will struggle to get the backing of enough EU countries to go through.

That reluctance has already stalled a softer proposal to cut funding to Israeli tech firms, much to the ire of the EU countries demanding action.

Von der Leyen's commission does have the power to freeze bilateral support.

That step will not include funds going to help civil society groups and Israel's Yad Vashem Holocaust memorial.

- 'Appropriate response' -

Israel called the move "morally and politically distorted".

"Any action against Israel will receive an appropriate response, and we hope we will not have to use them," Israeli Foreign Minister Gideon Saar wrote on X.

EU foreign policy chief Kaja Kallas insisted the aim was "not to punish Israel" but to try to improve the humanitarian situation in Gaza.

The push for action within the EU comes as Israel has drawn fresh international condemnation by launching a major ground assault on Gaza City.

The army unleashed a massive bombardment before dawn on Tuesday and pushed its troops deeper into the Palestinian territory's largest urban hub.

On the same day, a UN probe said Israel was committing genocide and that Prime Minister Benjamin Netanyahu and other senior officials had incited the crime.

The war was sparked by Palestinian Islamist group Hamas's October 2023 attack on southern Israel, which resulted in the deaths of 1,219 people, most of them civilians, according to an AFP tally of official figures.

Israel's retaliatory campaign has killed at least 64,964 people, also mostly civilians, according to figures from the territory's health ministry that the United Nations considers reliable.

The Israeli military estimates there are 2,000 to 3,000 Hamas militants in central Gaza City, and that about 40 percent of residents have fled.

W.Odermatt--NZN